Macroeconomic Experiences of the Transition Economies in Indochina

Macroeconomic Experiences of the Transition Economies in Indochina
This paper examines stabilization policies in Vietnam, Cambodia, and Laos since the late 1980s. Compared with other transition economies, the Indochinese countries avoided an output collapse and moved quickly to strong GDP growth and low inflation. Each adopted a similar mix of policies centered on flexible exchange rates, high real interest... READ MORE...

Publication date: October 1996
ISBN 9781451853551
$15.00

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